Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Stock Price Down 0.6% – Here’s Why

Shares of Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) traded down 0.6% during trading on Tuesday . The stock traded as low as $21.65 and last traded at $23.86. 45,445 shares changed hands during mid-day trading, an increase of 117% from the average session volume of 20,903 shares. The stock had previously closed at $24.00.

Siren Nasdaq NexGen Economy ETF Stock Performance

The stock’s 50-day moving average is $22.36 and its two-hundred day moving average is $24.52. The stock has a market cap of $34.75 million, a PE ratio of 21.54 and a beta of 1.59.

Institutional Investors Weigh In On Siren Nasdaq NexGen Economy ETF

A number of institutional investors have recently modified their holdings of BLCN. CWM LLC grew its holdings in shares of Siren Nasdaq NexGen Economy ETF by 14,430.0% in the fourth quarter. CWM LLC now owns 1,453 shares of the company’s stock valued at $35,000 after purchasing an additional 1,443 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Siren Nasdaq NexGen Economy ETF during the 4th quarter worth approximately $56,000. Rockefeller Capital Management L.P. boosted its position in Siren Nasdaq NexGen Economy ETF by 19.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,155 shares of the company’s stock valued at $76,000 after buying an additional 504 shares during the period. Osaic Holdings Inc. boosted its position in Siren Nasdaq NexGen Economy ETF by 29.3% in the 2nd quarter. Osaic Holdings Inc. now owns 10,085 shares of the company’s stock valued at $235,000 after buying an additional 2,283 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Siren Nasdaq NexGen Economy ETF in the first quarter worth $297,000.

Siren Nasdaq NexGen Economy ETF Company Profile

The Siren Nasdaq NexGen Economy ETF (BLCN) is an exchange-traded fund that is based on the Siren NASDAQ Blockchain Economy index. The fund tracks an index of global companies involved in developing, researching, or using blockchain technologies. BLCN was launched on Jan 17, 2018 and is managed by Siren.